State Act

THE RAJASTHAN MONEY-LENDERS ACT, 1963

13. Application for Cancellation of licence.—(i) Any person may, during the currency of a licence, file an application to the Register for the cancellation of the licence issued to a money-lender on the ground that such money-lender has been guilty of any act or conduct for which the Registry may, under section 8. refuse to grant a licence. (2) Along with in such application the said person shall deposit such amount not exceeding one hundred rupees as the Registrar may deem fit. (3) On the receipt of such application and deposit or of a report to that effect from an officer acting under section 16, the Registrar shall hold an inquiry i :i the prescribed manner and, if he is satisfied that the money-lender has been guilty of such act or conduct, he may cancel the licence of the money-lender and may also direct the return of the deposit made under sub-section (2). (4) If in the opinion of the Registrar an application made under sub-section (1) is frivolous or vexatious, he may, out of the deposit made under sub-section (2), direct to be paid to the money-lender such amount as he deems fit as compensation. (5) Any person aggrieved by an order of the Registrar under sub-section (3) or sub section (4), may within sixty days from the date on which the order is communicated to him and on payment of such fee as may be prescribed appeal to the Registrar General and the order of the Registrar General on such appeal shall be final.